August 19, 2024 @ 9:49 am By Omar Faridi  |  

Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company’s international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3… Read More

 Tagged digital banking, latin america, mexico, nubank

August 19, 2024 @ 7:17 am By Omar Faridi  |  

Preqin, the global firm focused on alternatives data and insights, recently released its Investor Outlook H2 2024 report. Their Investor Outlook report series occurs on a biannual basis and is based on surveys conducted in-house. Alternative investors’ responses provide exclusive insight “into their current sentiment… Read More

 Tagged alternative data, insights, preqin, research

August 19, 2024 @ 7:12 am By Omar Faridi  |  

FIS (NYSE: FIS), a global firm focused on financial technology, announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a… Read More

 Tagged financial technology, fis, p2p payments, payments

August 18, 2024 @ 11:53 pm By Omar Faridi  |  

According to the Bank of Ireland fraud data for the first half of 2024, the volume of investment fraud attempts has surged by 76% compared to the same period in 2023. Investment fraud happens when fraudsters, “posing as legitimate firms, offer consumers investment opportunities on… Read More

 Tagged bank of ireland, data, fraud, research

August 18, 2024 @ 9:54 pm By Omar Faridi  |  

ClearBank has shared embedded banking ROI insights from the Forrester Report. ClearBank has, from its inception, been focused on “providing the infrastructure that enables firms to innovate, differentiate and grow.” A core element of that vision is the Embedded Banking proposition “that offers firms the… Read More

 Tagged clearbank, embedded banking, forrester, research, uk, united kingdom

August 18, 2024 @ 7:47 pm By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, along with the Department of Labor and Employment (DOLE) held the 2nd Financial Inclusion Forum for the Labor and Employers Sector on July 30 at the BSP’s Manila Head Office. The discussions centered… Read More

 Tagged bangko sentral ng pilipinas, bsp, central bank, Digital Wage Payment, fintech, payment, Philippines

August 18, 2024 @ 5:00 pm By Omar Faridi  |  

Moody’s and Elliptic, key players in global compliance and third-party risk management and digital asset risk management respectively, have announced a strategic alliance to revolutionize virtual asset service provider (VASP) screening through the seamless integration of on-chain blockchain data with traditional off-chain data sources. In… Read More

 Tagged compliance, elliptic, moody's, vasps

August 18, 2024 @ 4:56 pm By Omar Faridi  |  

NYMBUS, a provider of Fintech solutions, has secured a strategic investment from Gesa Credit Union, a $5.5B+ Washington-based financial institution serving nearly 290,000 members across the Pacific Northwest. This investment will fuel Nymbus’ ongoing mission “to help credit unions create sustainable growth in an increasingly… Read More

 Tagged nymbus

August 18, 2024 @ 4:52 pm By Tony Zerucha  |  

This week, Q2 Holdings, a provider of digital transformation solutions for financial services, announced the release of a new Harris Poll consumer report, The Personal Bank: Delivering personalized experiences across generations. The report reveals that consumers across generations have similar perspectives, behaviors, and preferences about banking…. Read More

 Tagged Anthony Ianniciello, Baby Boomers, banking, millennials, personalization, q2

August 18, 2024 @ 4:48 pm By Omar Faridi  |  

SigFig, a digital wealth management solutions and technology provider for financial institutions and their advisors, announced new capabilities, including AI-powered functions, to its financial advisor collaboration platform, Engage. Powering collaborative digital experiences for “the most essential aspects of financial advisor and client relationships, Engage is… Read More

 Tagged ai, financial institutions, sigfig, wealth management